Lodha Group in talks to buy DLF's Mumbai plot for $500 million.
A new MoU between CREDAI and KSFES aims to streamline fire safety certification processes, although concerns about credibility and rapid approvals have been raised.
South Indian cities are becoming important real estate hubs due to improving transparency and a focus on quality development. Residential markets remain resilient with an affordability mantra.
Assotech and Sun-Apollo announce a Rs 500 crore housing project in Gurgaon, located on Dwarka Expressway, with the development of apartments and villas.
Tata Housing has won five prestigious Asia Pacific Property Awards 2012, including the five-star award for La Montana, reaffirming its leadership in residential real estate.
DLF shares increased by 3.2% after Goldman Sachs upgraded the stock's rating to "buy", citing increased residential launches and commercial property recovery.
DLF in talks to sell Mumbai land for ₹30bn, buyers negotiate lower
West Bengal government proposes amendment to ULCA, requiring developers to reserve 30% of apartments for low-income groups.
Realty firms appreciate RBI's decision to cut short-term lending rate, expecting reduced costs for both homebuyers and developers. It anticipates a boost in property demand.
Mr. Lalit Jain from CREDAI advocates for reforms to boost housing construction, urging the Central Government to address delays, land costs, and taxation issues.
Bangalore’s real estate sector is set to grow by 25% in the coming year, according to CREDAI Karnataka. Commercial office space demand is rising, while residential sales are slow.
Bank lending to commercial real estate sees 12.2% growth, driven by unlisted developers taking a larger share, despite claims of credit shrinkage from listed firms.
SARE Homes plans to develop 40 million sq ft in next five years across seven major Indian cities, including Navi Mumbai.
Land scarcity in Noida and Greater Noida is driving up housing costs, with ongoing agitations and legal disputes complicating the situation for developers and farmers alike.
Farmers in Noida Extension seek better compensation and land return, advocating for a solution that benefits both themselves and homebuyers while addressing grievances with the government.
Acron Infra Project is constructing a 2,800-apartment residential complex in Pune, focusing on affordability and eco-friendliness. The project, costing INR 800 crore, will be developed in six phases and offer modern amenities.
Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.
Builders Association of India advises Maharashtra government to let MHADA, MMRDA, and CIDCO handle SRA scheme redevelopment
TCG Real Estate and Vornado Realty Trust plan to invest ₹270 crore in two residential projects in India, focusing on medium-sized developers.
CREDAI presented an action plan to address corruption in the real estate sector to the Union Urban Development Minister. They highlighted the damaging impact of corrupt practices on the industry's reputation and called for government support in streamlining approvals and reducing delays.
CREDAI introduces a new transparency system for Chhattisgarh real estate developers, focusing on clear dealings, consumer redressal, and adherence to a code of conduct.
Raheja Universal, rated by CRISIL, plans to develop 70 million sq ft in Mumbai, consisting of 26 million sq ft commercial and 44 million sq ft residential.
DLF to Acquire Stake in Bidadi Knowledge City from Dubai-based Limitless Group
Gitanjali Gems Ltd is launching a high-end residential project in Borivli, Mumbai, with two towers spread over 400,000 sq ft. The project is expected to generate revenue of 400 cr.
3D floor plans aid in saving time and money for developers, enhancing project visualization for both builders and buyers, and attracting lenders.